| Schedule of inventories |
| | | | | | | | | | | | June 30, | | December 31, | | June 30, | ($ in thousands) | | 2026 | | 2025 | | 2025 | Good Sam services and plans | | $ | 272 | | $ | 349 | | $ | 298 | New RVs | | | 1,264,258 | | | 1,421,435 | | | 1,330,965 | Used RVs | | | 429,417 | | | 530,861 | | | 536,665 | Products, parts, accessories and other | | | 166,351 | | | 159,255 | | | 193,232 | | | $ | 1,860,298 | | $ | 2,111,900 | | $ | 2,061,160 | | | | | | | | | | |
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| Schedule of outstanding amounts and available borrowing |
| | | | | | | | | | | | June 30, | | December 31, | | June 30, | ($ in thousands) | | 2026 | | 2025 | | 2025 | Floor Plan Facility | | | | | | | | | | Notes payable - floor plan: | | | | | | | | | | Total commitment | | $ | 2,150,000 | | $ | 2,150,000 | | $ | 2,150,000 | Less: borrowings, net of FLAIR offset account | | | (1,324,184) | | | (1,603,645) | | | (1,280,102) | Less: FLAIR offset account(1) | | | (22,231) | | | (25,117) | | | (39) | Additional borrowing capacity | | | 803,585 | | | 521,238 | | | 869,859 | Less: short-term payable for sold inventory(2) | | | (70,217) | | | (35,981) | | | (82,871) | Less: purchase commitments(3) | | | (18,152) | | | (26,841) | | | (26,884) | Unencumbered borrowing capacity | | $ | 715,216 | | $ | 458,416 | | $ | 760,104 | | | | | | | | | | | Revolving line of credit: | | $ | 70,000 | | $ | 70,000 | | $ | 70,000 | Less: borrowings | | | — | | | — | | | — | Additional borrowing capacity | | $ | 70,000 | | $ | 70,000 | | $ | 70,000 | | | | | | | | | | | Letters of credit: | | | | | | | | | | Total commitment | | $ | 45,000 | | $ | 45,000 | | $ | 45,000 | Less: outstanding letters of credit | | | (15,414) | | | (15,414) | | | (14,300) | Additional letters of credit capacity | | $ | 29,586 | | $ | 29,586 | | $ | 30,700 | | | | | | | | | | |
| (1) | Flooring line aggregate interest reduction (“FLAIR”) offset account that allows the Company to transfer cash to the Floor Plan Lenders as an offset to the payables under the Floor Plan Facility. The FLAIR offset account does not reduce the outstanding amount of loans under the Floor Plan Facility for purposes of determining the unencumbered borrowing capacity under the Floor Plan Facility. |
| (2) | The short-term payable represents the amount due for sold inventory. A payment for any floor plan units sold is due within three to ten business days of sale. Due to the short-term nature of these payables, the Company reclassifies the amounts from notes payable‒floor plan, net to accounts payable in the condensed consolidated balance sheets. Changes in the vehicle floor plan payable are reported as cash flows from financing activities in the condensed consolidated statements of cash flows. |
| (3) | Purchase commitments represent vehicles approved for floor plan financing where the inventory has not yet been received by the Company from the supplier and no floor plan borrowing is outstanding. |
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